Chinese property developers have been hit by record numbers of credit downgrades as measures to cool property speculation led to a liquidity crisis.
International credit rating agencies Moody’s, Fitch and S&P downgraded the developers 43, 54 and 30 times respectively over the year.
In 2020 the figures were six, 12 and 11.
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Including:
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A look ahead to what is happening in the world of commercial real estate this week
